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Property profile

12301 South Nicollet Ave Burnsville, MN 55337

FOR LEASE
Other apartment buildings
Property ID
US46-3214986
230,883 SF 2.49 ac lot Built 2021
Last sale Nov 2004 · $1,325,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property consists of up to 8,000 square feet of office and retail suites configured for individual, direct access. The interior spaces are designed to allow tenant-specific buildouts and flexible use as office or retail. It is located near major roadway access, approximately 1 mile from I-35W and about 0.1 miles from County Road 13, and it is positioned adjacent to a shopping center anchored by Cub Foods with surrounding retail and office businesses.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$51k
Tax billed · 2023
Assessed value · 2022$4.02M
Assessed land$1.30M
Assessed improvement$2.71M
Effective rate1.28%

Value estimate

· Oct 2026
$1.29M
$1.16M – $1.41M
AI approach$1.35M
NOI build-up
Gross scheduled income$4.61M
Vacancy & credit loss−$751k
Operating expenses−$1.16M
NOI · 150,034.33% cap applied$2.70M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$85/SF
County average, outlier-cleaned · 74 recorded sales of this use type
Observed band · Q1–Q3$51 – $115

Cap rate analysis

How does the asset earn?
150,034.33%
$2.70M estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionDAKOTA

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office20.7
Clothing Store14.5
Auto Repair Shop14.0

Location

12301 South Nicollet Ave Burnsville, MN 55337
County assessor Recorded deeds · 4 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

3 recorded sales · 6 properties nearby
Recent sales nearby
3 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
711 138th, Burnsville, MN 55337-4180 $460,000 Jul 2021 5,352 SF
3841 Hamilton, Burnsville, MN 55337-1782 $2,688,000 Jan 2021 25,376 SF
1575 Hwy 13th W, Burnsville, MN 55337-2262 $1,300,000 Apr 2019 14,868 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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